Explore the latest data and trends in Hang Seng appointments
2024
Board Monitor
Hong Kong
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CEO & Board Practice
Heidrick & Struggles’ CEO & Board Practice has been built on our ability to execute top-level assignments and counsel CEOs and board members on the complex issues directly affecting their businesses.
Europe CEO & Board of Directors Practice
Kit Bingham
London
kbingham@heidrick.com
Alice Breeden
London
abreeden@heidrick.com
2023 DATA
TRENDS DATA
Snapshot
2023 Hang Seng board appointments at-a-glance
PROFESSIONAL EXPERIENCE
DIVERSITY
APPOINTMENTS OVERVIEW
Number and share of appointments
board appointments were made in 2023
67
of Hang Seng companies brought on at least one new director
44%
of seats went to first-time public board directors
45%
Professional experience
of seats went to retired executives
42%
went to those active in executive roles
58%
57%
of appointments went to directors with cross-sector experience
6%
of seats went to directors with international experience
Most common type of C-suite experience (Share of appointments)
CEO
CFO
COO
13%
12%
3%
Nationality
of seats went to women
49%
Diversity
The average age was
59
38
AGE AT APPOINTMENT
NATIONALITY
GENDER
CEO & CFO
BOARD EXPERIENCE
ACTIVE VS RETIRED
NUMBER OF SEATS
Trends, 2016–2023
Gender diversity trends: Women (%)
CEO
CFO
CEO & CFO experience (%)
First-time board members (%)
50
71
58
Active executives (%)
2016
2021
2022
2023
42
66
67
Number of seats filled
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This analysis is part of Heidrick & Struggles’ long-standing study of trends in board composition in countries around the world. Produced by our global CEO & Board Practice, these reports track and analyze trends in non-executive director appointments to the boards of the largest publicly listed companies in Australia (ASX 200), Belgium (BEL 20), Brazil (BOVESPA), Canada (TSX 60), Colombia (COLCAP), Denmark (OMX Copenhagen 25), Finland (OMX Helsinki 25), France (CAC 40), Germany (DAX and MDAX), Hong Kong (Hang Seng), Ireland (ISEQ), Italy (FTSE MIB), India (Nifty Top 200), Mexico (BMV IPC), the Netherlands (AEX), New Zealand (NZX 10), Norway (OBX), Poland (WIG20), Portugal (PSI 20), Saudi Arabia (Tadawul), Singapore (STI 30), South Africa (JSE Top 40), Spain (IBEX 35), Sweden (OMX Stockholm 30), Switzerland (SMI Expanded), the United Arab Emirates (ADX and DFM), the United Kingdom (FTSE 350), and the United States (Fortune 500). Information about executives is gathered from publicly available sources, BoardEx, and a Heidrick & Struggles proprietary database.
About the research
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14
6
12
17
18
13
6%
N/A
84%
Non-national
16%
National
45
62
11
42
11
30
42
49
Average age at appointment
75
59
Min
Max
2020
2019
2018
2016
2018
2019
2020
2021
2022
2023
2016
2018
2019
2020
2021
2022
2023
2016
2018
2019
2020
2021
2022
2023
2016
2018
2019
2020
2021
2022
2023
2016
2018
2019
2020
2021
2022
2023
54
37
35
67
55
66
31
22
49
43
53
38
45
35
37
29
8
6
10
5
6
24
58
59
58
58
58
N/A
59
Trends, 2018–2023
Leadership Agenda:
stay connected
Subscribe to our monthly newsletter for the latest expert insights and trends.
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Heidrick Insights
Explore the latest thought leadership from Heidrick & Struggles
LEARN MORE
CEO & Board of Directors Practice
Helping organizations lead with purpose to be the best they can be now and in the future
LEARN MORE
This analysis is part of Heidrick & Struggles’ long-standing study of trends in board composition in countries around the world. Produced by our global CEO & Board Practice, these reports track and analyze trends in non-executive director appointments to the boards of the largest publicly listed companies in Australia (ASX 200), Belgium (BEL 20), Brazil (B3), Canada (TSX 60), Colombia (COLCAP), Denmark (OMX Copenhagen 25), Finland (OMX Helsinki 25), France (CAC 40), Germany (DAX and MDAX), Hong Kong (Hang Seng), Ireland (ISEQ), Italy (FTSE MIB), India (Nifty Top 200), Japan (TOPIX Core 30), Kenya (NSE Top 40), Mexico (BMV IPC), the Netherlands (AEX), New Zealand (NZX 10), Norway (OBX), Poland (WIG20), Portugal (PSI 20), Saudi Arabia (Tadawul), Singapore (STI 30), South Africa (JSE Top 40), South Korea (KOSPI 50), Spain (IBEX 35), Sweden (OMX Stockholm 30), Switzerland (SMI Expanded), the United Arab Emirates (ADX and DFM), the United Kingdom (FTSE 350), and the United States (Fortune 500). Information about executives is gathered from publicly available sources, BoardEx, and a Heidrick & Struggles proprietary database.
About the research
2017
65
2017
57
2017
39
2017
20
46
2017
20
2017
57
Non-national
47%
2017
57
2017
70
2017
32
51
9
2017
2017
42
58
2017
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2023 DATA
TRENDS DATA
VIEW REPORT
57